OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Tesla's valuation makes no sense. I know one person that owns a Tesla. Most people I know park on streets and would have nowhere to charge it.

They are everywhere in Denver. The malls have supercharger spots, offices have them, hell even my train station has 3 or 4 electric vehicle charging spots that I see people charging their cars at.

My buddy in Detroit has 2 Teslas (3 and X), and he came from years of having Cadillac V-series cars, Porsche Panamera, Masserati Quattroporte, etc. and he says he likes the Teslas much more than any of them.
 


idk much about calculations, but this guy seems to. big bull


I don't have time right now to get into the weeds but he's using today's stock price and 2022 earnings for his valuation. And $32 earnings per share? How? Why not $100 earnings, you can justify anything if you just pull numbers out of nowhere.
 
I don't have time right now to get into the weeds but he's using today's stock price and 2022 earnings for his valuation. And $32 earnings per share? How? Why not $100 earnings, you can justify anything if you just pull numbers out of nowhere.

you're prob right. just thinik he's forward thinking and making assumptions somewhat, but don't you kind of have to? It's a growing company and just getting started. EV is what like 5% of car sales? By 2030, where will it be and how much of that share is tesla's? Also, that's just vehicle side of business.
 
Tesla's valuation makes no sense. I know one person that owns a Tesla. Most people I know park on streets and would have nowhere to charge it.
I'm in bay area, so a bit different than most, but we got chargers everywhere. I have a FREE charger at work. Can hook up to the standard outlet (car comes with adapter) only like 5mi/hr, but can leave that overnight for a slow charge w/no effort. Cost 500$ to me to install big outlet, 30% tax credit, 50% southern California Edison Rebate, was pretty much free.
 
PINS CRWD and FIVN have been very strong today. Gonna regret not just yolo’ ig it and maxing put my margin for crwd and FIVN.

FSLY gonna come back to life this week or nah?
 
I would agree that Tesla's valuation doesnt make sense. As a fan of the company and the cars, idk what to make of a 300bn valuation. I get that they're not simply a car company, they have several potential divisions, SpaceX, etc. But Tesla is a wild ride that's benefitting from overzealous hype. It's a ******* casino and TSLA is the hot table everyone wants to play at. Idk if that metaphor even makes sense, but that should solidify my point: nothing these days makes sense. Ride the roller coaster to the ******* moon and try not to get caught holding a bag.
 
Added a PTON 9/11 $65 call. IV of 80 leaves some good room for a run up and profit into their earnings.
gyms are supposed to open here at 33% capacity if they have proper hvac. Curious to see how many people cancel and continue to work out at home. I’ve been loving the classes from the peloton app for body weight stuff.
 
gyms are supposed to open here at 33% capacity if they have proper hvac. Curious to see how many people cancel and continue to work out at home. I’ve been loving the classes from the peloton app for body weight stuff.
I don't think most sensible people will bother renewing Gym memberships at this time. Some will chance it and try to go in early or late, but gyms are packed as is.
 
How you think GAN fares on earnings Thursday? I believe it’s first time they report since IPO in May. Continuing momentum from end of last week up big today.
 
gyms are supposed to open here at 33% capacity if they have proper hvac. Curious to see how many people cancel and continue to work out at home. I’ve been loving the classes from the peloton app for body weight stuff.

I used there app a couple weeks ago and it would be the reason I am very bullish on them heading into winter.
 
I don't think most sensible people will bother renewing Gym memberships at this time. Some will chance it and try to go in early or late, but gyms are packed as is.
To further add to this, Jersey revoked that Gym who refused to follow the restrictions license. I think this will cause a lot of Gyms to do badly in terms of numbers during the winter especially with cases expected to increase during that time.


 
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